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SPX Technologies, Inc. — Director's Dealing 2011
Mar 3, 2011
30660_dirs_2011-03-02_2285e265-1545-42fc-9184-0314b2d5861e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SPX CORP (SPW)
CIK: 0000088205
Period of Report: 2011-02-28
Reporting Person: OLEARY PATRICK J (EVP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-28 | Common Stock | M | 3189 | $69.43 | Acquired | 191429 | Direct |
| 2011-02-28 | Common Stock | S | 3189 | $80 | Disposed | 188240 | Direct |
| 2011-03-01 | Common Stock | A | 31500 | — | Acquired | 219740 | Direct |
| 2011-03-01 | Common Stock | F | 4458 | $79.76 | Disposed | 215282 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-28 | Employee stock option to purchase common stock | $69.43 | M | 3189 | Disposed | 2012-01-01 | Common Stock (3189) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4782 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee stock option to purchase common stock | $38.57 | 2013-01-02 | Common Stock (70000) | 70000 | Direct |
Footnotes
F1: Granted under the SPX Corporation 2002 Stock Compensation Plan or its predecessor plan, the 1992 Stock Compensation Plan.
F2: Option vested as to 23,334 shares on each of January 2, 2003 and 2005, and 23,332 shares on January 2, 2004.
F3: Option vested as to 23,334 shares on January 3, 2004 and 23,333 shares on January 3, 2005, and 23,333 shares on January 3, 2006.
F4: Effected purusant to a Rule 10b5-1(c) sales plan relating to options expiring January 1, 2012.
F5: Grant of restricted stock pursuant to the SPX Corporation 2002 Compensation Plan.
F6: Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of restricted stock previously granted under the SPX Corporation 2002 Compensation Plan.